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How to avoid the 'fiscal cliff'
Robert Reich May 30, 2012
Commentator Robert Reich says lawmakers need to apply the brakes on automatic spending cuts and tax increases set to go into effect at the end of the year or the U.S. may face a new recession.
Taxing your winnings
Tess Vigeland May 18, 2012
Winning big could saddle you with some serious debt. Tax expert Louis Barajas explains.
Facebook co-founder renounces U.S. citizenship
Jeremy Hobson May 14, 2012
In letting go of his U.S. citizenship now, Eduardo Saverin will also be able to avoid paying nearly $600 million in U.S. capital gains taxes when Facebook goes public.
Social Security money to run out sooner than thought
Jeremy Hobson Apr 24, 2012
The Social Security Trust Fund will run out of money three years earlier than previously thought in 2033. As for Medicare, that's still on track to run out of cash in 2024.
Taxing the rich is good for the economy
Robert Reich May 3, 2012
Commentator Robert Reich says increased tax revenue greases the wheels of economic growth
What small tax cheats can cost the government
Jennifer Collins Apr 17, 2012
You have until midnight tonight to file your taxes with the IRS. And if you're thinking about deducting a phony business lunch or padding your mileage -- you're not alone.
Mexicans worried about disclosure rules for U.S. banks
Nathan Bernier Apr 17, 2012
The IRS plans to require U.S. banks to report interest payments to nonresident depositors. Mexican nationals are concerned the sensitive info will wind up in the wrong hands.
Senate rejects Warren Buffett tax rule
John Dimsdale Apr 17, 2012
The Senate yesterday rejected the so-called Warren Buffett Rule, a minimum tax on millionaires. It was a mostly party-line vote: Democrats saying "aye," Republicans "nay."
Are mobile phone taxes a real problem?
Adriene Hill Apr 16, 2012
Congress is mulling over legislation that would freeze the taxes we pay for our cell phone service.
2012 tax season: Later deadline, smaller refund?
LaToya Dennis Apr 16, 2012
Tax procrastinators, breathe easy. This year's deadline is tomorrow, April 17th. There's extra time because April 15th fell on a Sunday this year, and today is Emancipation Day in the District of Columbia.
